4177 North Lake Blvd, Carnelian Bay, CA 96140, Carnelian Bay, 96140 - 3 bed, 2 bath
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Carnelian Bay, CA 96140
This High-Potential Investment Opportunity is listed at a List Price of $925,000, positioned slightly above the $914,807 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 11,037 sqft Double Lot and Coveted Lake Access provide significant long-term value-add potential. The vintage 1947 structure offers a blank canvas for modernization in the desirable Cedar Flat neighborhood. This asset is best suited for Value-Add Investors or Contractors seeking a project with rare land utility in a prime Tahoe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4177 North Lake Blvd Subject | $925,000* List Price | 3 | 2 | 1,220 | $767 | - |
A 3865 Dinah Road Active | $1,150,000 List Price | 3 | 2 | 1,423 | $808 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this property is over 75 years old with no evidence of major renovations. The kitchen features vintage appliances and cabinetry, and the bathroom is significantly dated. While well-maintained, the age of the structure and systems suggests a need for a full rehab to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11037, living area = 1220.
Situated in the highly desirable Cedar Flat neighborhood, this property offers coveted lake access and proximity to recreation trails, capturing the quintessential Tahoe lifestyle.
The home is set on a generous 11,037 square foot double lot, providing rare privacy, a peaceful mountain setting, and significant outdoor space compared to standard area parcels.
Given the 1947 construction date, the property may require future investments in modernizing utility systems or structural elements to meet contemporary building standards.
With 1,220 square feet of living area for a three-bedroom layout, the interior footprint may feel restrictive for buyers seeking spacious modern floor plans or large-scale entertaining.
Tucked in the heart of Cedar Flat, this meticulously cared-for Tahoe cabin blends timeless character with a highly desirable location and coveted lake access. Set on a double lot and filled with natural light, the home offers the kind of mountain setting buyers come to Tahoe for — peaceful, private, and connected to the outdoors. Inside, the 3-bedroom, 1.5-bath layout maintains the charm of a classic cabin while offering comfortable space for everyday living or weekend escapes. The warm character of the home, paired with its bright interior and true Tahoe feel, creates an inviting backdrop for gatherings, relaxation, and year-round enjoyment. Enjoy a central location close to trails, recreation, and all the natural beauty that makes this area so special. Whether you’re looking for a full-time residence, second home, or mountain retreat, this property captures the best of Tahoe living with room to breathe and access to the lake lifestyle. Schedule your private tour today.
No exterior & parking available.
No sensitive facilities data found.
Jun 3, 2026
$925,000
Initial Listing